Having been developed by her late husband, she is probably well tuned in to the property and has a business mind.  

@Mindy Jensen - Its been awhile but I have listened to both of @J Scott's podcasts.

Colorado Allows Tiny HousesWeren't you and @Mindy Jensen talking about this the other night?

One thing to keep in mind is some of these tenants may have given a deposit to the foreclosed upon owner.

I ask my new customers why they're rehabbing houses - is it to retire earlier, have nicer vacations, have a hobby, etc. and keep that in mind.  

Originally posted by @Mindy Jensen:FHA has a program called the 203K loan, where you can roll the costs of the rehab into the loan.

Couple things that come to mind is that Texas is much closer to California in proximity as Georgia is located on the opposite side of the country. 

No mindy no HOA no PM.  

I know where most section 8 renters are located in town and also have connections to the code enforcement office if you need any specific questions answered.For my own piece of mind, I start my search at BFE and higher to make sure my flood insurance won’t be eating too high into profits

Originally posted by @Mindy Jensen:This scenario sets off a lot of red flags to me.